Israel - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Israel was 693,767,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 766,005,000,000 in 2019 and a minimum value of 1,120,000 in 1970.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 1,120,000
1971 1,321,000
1972 1,678,000
1973 2,179,000
1974 3,252,000
1975 4,587,000
1976 6,199,000
1977 8,792,000
1978 14,634,000
1979 27,777,000
1980 60,627,000
1981 148,102,000
1982 353,419,000
1983 937,799,000
1984 4,287,552,000
1985 17,126,660,000
1986 28,872,360,000
1987 37,795,660,000
1988 46,029,980,000
1989 55,370,510,000
1990 67,485,880,000
1991 84,922,060,000
1992 101,701,000,000
1993 120,636,000,000
1994 147,235,000,000
1995 167,566,000,000
1996 190,582,000,000
1997 210,510,000,000
1998 235,089,000,000
1999 258,634,000,000
2000 285,540,000,000
2001 298,913,000,000
2002 316,980,000,000
2003 318,855,000,000
2004 336,819,000,000
2005 353,709,000,000
2006 379,789,000,000
2007 415,729,000,000
2008 446,225,000,000
2009 459,946,000,000
2010 496,836,000,000
2011 532,583,000,000
2012 558,281,000,000
2013 588,694,000,000
2014 615,703,000,000
2015 637,339,000,000
2016 672,622,000,000
2017 698,007,000,000
2018 731,225,000,000
2019 766,005,000,000
2020 693,767,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts